Please note if you are sending your information to us already then you are already filing under MTD rules this only applies to clients who are filing their OWN returns.
| FROM Tuesday 1 November 2022, you’ll no longer be able to use your existing VAT online account to submit your VAT returns. |
| By law, you must now sign up to Making Tax Digital (MTD) and use MTD-compatible software to keep your VAT records and file your VAT returns. This will reduce common mistakes and make it quicker and easier for you to manage your tax affairs. |
| If you do not sign up for MTD and file your VAT returns through this software, you may have to pay a penalty. |
| Even if you already use MTD-compatible software to keep your records and file your VAT returns online, don’t forget you must sign up to MTD before you file your next return. |
| What you need to do now, or you could face a penalty |
| If you haven’t signed up to MTD and started using compatible software already, you must follow these steps now: |
| Step 1. Choose MTD-compatible software that’s right for you – you can find a list of software on GOV.UK. |
| Step 2. Check the permissions in your software – once you’ve allowed it to work with MTD, you can file your VAT returns easily. Go to GOV.UK to learn how to do this and search ‘manage permissions for tax software’. |
| Step 3. Keep digital records for your current and future VAT returns – you can find out what records you need to keep on GOV.UK. |
| Step 4. Sign up for MTD and file your future VAT returns using your MTD-compatible software – to find out how to do this, go to GOV.UK and search ‘record VAT’. |
| You must complete these steps in order to submit your VAT returns due after 1 November. |
| If you’ve taken these steps already, thank you. You don’t need to do anything else, except file your future VAT returns using your MTD-compatible software. |
| How to apply for an exemption from using software |
| If you are already exempt from filing VAT returns online or if you or your business are subject to an insolvency procedure, you are automatically exempt. |
| You can check if you can apply for an exemption on GOV.UK, if it’s not reasonable or practical for you to use computers, software or the internet. HMRC will consider each application on a case-by-case basis. |
| If you need help with moving to MTD |
| If you have an accountant or agent who helps you with your tax affairs, talk to them about how they can support your move to MTD. |
| You may be able to get a discount on software through the UK Government’s Help to Grow: Digital scheme, which offers 50% off compatible digital accounting software. |
| Thousands of people have also benefitted from our live webinars, which offer support on filing digitally and how it can help you and your business. |
| Protect yourself and your information |
| Never share your HMRC sign-in details. Someone using them could steal from you or make a fraudulent claim in your name. |
| If someone contacts you saying they’re from HMRC and wants you to transfer money urgently or give personal information, never let yourself be rushed. Take your time and check HMRC’s advice about scams on GOV.UK. |